Best Of The Best Share Discussion Threads

[traderabc] 22/3/2012 10:20

Jim Rogers - Opalesque Radio - 21st March 2012

[traderabc] 22/3/2012 09:58

The Dallas Fed Is Calling For The Immediate Breakup Of Large Banks

It's hard not to think it's a big deal when a branch of the Federal Reserve system calls for the breakup of major American banks.

The bank has just released its annual report, and the title of the letter is: Choosing the Road to Prosperity Why We Must End Too Big to Fail-Now.

Here's the full letter from Dallas Fed President Richard Fisher, generally known as one of the most hawkish and conservative Fed Presidents.

[traderabc] 21/3/2012 14:21

Mike Maloney & Jim Rogers - Is Gold Money?

[traderabc] 21/3/2012 13:30

We've been waiting years for this jelly to fight back on the intellectual level, finally he's doing it.

Bernanke Lecture


Overview of the Lectures
• These lectures review some of the causes of

and policy responses to the recent financial
crisis, focusing on the role of the Federal
Reserve.
• Understanding the role of the Federal Reserve
in the recent financial crisis requires an
understanding of
– the origins and mission of central banks
– the lessons of previous financial crises and
how they informed the Fed's decisions in the
recent one

Roadmap of the Lectures
• Lecture 1 explains what central banks do, the
origin of central banking in the United States, and
the experience of the Fed during the Great
Depression.

• Lecture 2 reviews developments in central

banking after World War II, focusing on the
recent financial crisis.

• Lecture 3 describes the financial crisis, its
implications, and the policy responses by the
Federal Reserve and others.

• Lecture 4 discusses monetary policy responses to
the recession, the sluggish recovery, post-crisis
changes in financial regulation, and implications
of the crisis for central bank practice.

[traderabc] 20/3/2012 13:26

[KR264] Keiser Report: Guns vs Gadgets

[traderabc] 20/3/2012 11:25

Mar 19 Commodity Newsletter Matt Frailey BPT audio

[apdi71] 19/3/2012 20:49

Cameron is a more treacherous c*nt than Brown, Blair or Mandelson. WTF is the state doing with the money creamed off using the extortionate road fuel tax?. Green NWO communitarian filth. Not satisfied with keeping the immigration doors jammed well open, he sells of the very roads to foreign sovereign wealth funds. If ever there was an 'Englishman' more deserving of being hung, drawn and quartered... But he will probably retire to a life of luxury funded on backhanders/sinecures like the rest of his ruling class cronies.

[traderabc] 19/3/2012 10:04

13 Reasons Goldman's Quitting Exec May Have a Point


An executive at Goldman Sachs left the firm today with a bang, penning a New York Times op-ed accusing the company of increasingly putting profits ahead of clients. Greg Smith started as an intern 12 years ago and last headed a derivatives department. Not surprisingly, Goldman quickly and strongly disagreed with his take.

There have obviously been plenty of unflattering headlines about Goldman in the past few years. We decided to look at just one aspect of their record: SEC charges levied against Goldman and its employees over the past decade.

[traderabc] 19/3/2012 09:56

A sign of the times, the sell off of our infrastructure, nothing good will come from this.



David Cameron unveils plan to sell off the roads

Sovereign wealth funds to be allowed to lease motorways in England, says prime minister



David Cameron: 'We need to look at innovative approaches to the funding of our roads – to increase investment to reduce congestion.' Photograph: Mike Segar/AP

David Cameron will clear the way for a multibillion-pound semi-privatisation of trunk roads and motorways as he announces plans to allow sovereign wealth funds from countries such as China to lease roads in England.

Just 48 hours before the budget, the prime minister will give a speech calling for radical action to improve Britain's infrastructure, which is falling behind those of key competitors in Europe.

[traderabc] 19/3/2012 09:16

Jim Rogers - Everything Financial Radio

[traderabc] 18/3/2012 12:45

While Iceland investigates City fraud claims, our feeble watchdogs fail to bark

Allegations of a London derivatives scandal involving Kaupthing are being vigorously pursued – but not by British regulators, whose funding and powers look increasingly circumscribed



Last week, about a dozen UK-based witnesses were questioned at the headquarters of the Serious Fraud Office over a suspected €500m market manipulation effort in the opaque and unregulated London credit derivatives market. Investigators believe an attempt may have been made to manipulate prices at the height of the banking crisis in the autumn of 2008.

Those questioned are not suspected of wrongdoing, but are thought to have important evidence relevant to the case. They include London-based investment bankers, some of whom worked at Deutsche Bank in 2008, and, remarkably, the fashion designer Karen Millen.

[traderabc] 18/3/2012 12:43

DinheironaWeb I've moderated your post as it looks like some dodgy scam, if it isn't make your case and I'll unmoderate it.



[KR263] Keiser Report: Rip out eyes, tear off head

[apdi71] 17/3/2012 18:55

Bill Black in a lengthy 4 part interview on the collaboration between bankers and powerful politicians (of all declared persuations) to rob most everyone else:

[traderabc] 16/3/2012 19:28

Comment Posted on U.S. Commodity Futures Trading Commission Website
March 16th, 2012


Update: Comment Removed CFTC Website

I made sure to post the full text below, but here's another mirror, just in case.

-End Update-

At a minimum, this makes for an interesting read.

Via: U.S. Commodity Futures Trading Commission:

[traderabc] 16/3/2012 16:16

Martin Armstrong: The Debt Crisis Will Rotate from Europe to Japan to the US−We're Past the Tipping Point
The US is the best house in a bad neighborhood


Jim welcomes back Martin Armstrong of Armstrong Econonics.com. Martin believes "capital knows something is wrong" and we're past the tipping point of the debt crisis. He sees the crisis rotating from Europe to Japan and finally reaching the US, with devastating results. As to gold, he believes the best thing for gold would be a correction this year and a healthy period of consolidation, setting the stage for a launch higher as the debt crisis worsens.

[traderabc] 16/3/2012 10:00

Top 5 Place NOT To Be In A Dollar Collapse

[traderabc] 16/3/2012 08:48

Will Goldman Sachs Exec fallout change Wall Street?

[traderabc] 16/3/2012 08:43

JIM SINCLAIR

[traderabc] 16/3/2012 08:35

A Response from Goldman Sachs
From Chairman Lloyd Blankfein

[traderabc] 16/3/2012 00:29

Hidden Meaning in the New $100 Bill (by Bix Weir)

[traderabc] 15/3/2012 18:18

Goldman Sachs Launches Counterattack on Greg Smith

By Pat Garofalo, ThinkProgress

15 March 12

oday, Goldman Sachs employee Greg Smith excoriated the investment bank in a New York Times op-ed, resigning due to the banks "toxic and destructive" culture, one in which the bank's trading profits took precedence over its customers' financial well-being. Goldman managers allegedly called customers "muppets," and traders routinely asked how much was being made ripping off one customer or another.

Goldman has been quick to push back on Smith's claims, portraying him as just a disgruntled employee. Some employees told Fox Business' Charlie Gasparino that Smith doesn't know what he's talking about because he "never made more than $750,000 a year."





Is Goldman Resignation Part of an Elite Plot?
Thursday, March 15, 2012 – by Staff Report


Goldman Roiled by Op-Ed Loses $2.2 Billion ... Smith Resignation Costs Goldman Shareholders $2.2B ... Goldman Sachs Group Inc. (GS) saw $2.15 billion of its market value wiped out after an employee assailed Chief Executive Officer Lloyd C. Blankfein's management and the firm's treatment of clients, sparking debate across Wall Street. The shares dropped 3.4 percent in New York trading yesterday, the third-biggest decline in the 81-company Standard & Poor's 500 Financials Index, after London-based Greg Smith made the accusations in a New York Times op-ed piece. Smith, who also wrote that he was quitting after 12 years at the company, blamed Blankfein, 57, and President Gary D. Cohn, 51, for a "decline in the firm's moral fiber." They responded in a memo to current and former employees, saying that Smith's assertions don't reflect the firm's values, culture or "how the vast majority of people at Goldman Sachs think about the firm and the work it does on behalf of our clients." – New York Times

[traderabc] 15/3/2012 16:33

JUICE NEWS 12: Yes We KONY! (Kony Parody)